TECH SUPPLIER Oct 2022 - Market Perspective - Doc # EUR149752822

Cloud-Managed Network Services: Market Dynamics and Requirements

By:

Sylvia Wünsche
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Abstract

This IDC Market Perspective summarizes key market dynamics and trends in the network life-cycle services market and explains the evolving concept of cloud-managed network services. It provides and overview of key features, benefits, and challenges organizations are facing and gives advice for technology providers and services firms that offer services in that space.

"Cloud-based network management has evolved over the past few years, and adoption has been picking up significantly since the COVID-19 crisis in 2020. As organizations need to drive network optimization and efficiency to enable digital transformation, we expect this trend to continue over the next five years. Services firms need to position themselves as critical business partners to stay in the increasingly competitive game," said Sylvia Wünsche, senior research analyst, European Networking and Life-Cycle Services team.


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